Tata Steel gets show cause notice for Rs 890 crore Input Tax Credit irregularities; Co says no merit in notice
Tata Steel has received a demand cum show cause notice from CGST & Central Excise of Jamshedpur, Jharkhand. The notice pertains to the irregular availing of Rs 890.52 crore of Input Tax Credit for the period FY19 through FY21. 

Aluminium futures: Rebound expected
Aluminium futures is currently trading at ₹245.50/kg. The contract began the current week on a strong note as it rallied past the resistance at ₹248 and marked a high of ₹250 on Monday. However, there was no follow-through rally, and the price softened. That said, aluminium futures retain the bullish bias, and the price action shows that ₹245 is providing good support now. Going forward, we expect the contract to move up. It can surpass the prior high of ₹250 and touch ₹256 in the near-term. ₹256 is a notable resistance which can trigger a corrective decline.

Govt to tap abandoned oil wells for geothermal energy
In its bid to expand the country’s renewable energy portfolio, the ministry of new and renewable energy may seek to exploit abandoned oil wells to leverage geothermal energy, official sources told FE.

India's biofuel drive pecks at chicken farmer profits
In Ghazipur, a small town tucked along the Ganges river in north India, farmer Satyadev Prajapati is counting fewer eggs hatched by his 350 free-range hens as the price of their feed soars by 40 per cent .

Cabinet clears Rs 5,940 crore Jharia Master Plan: The resolution to douse a 100-year-old fire in Jharkhand, explained
Govt approves Rs 5,940 cr to implement revised Jharia Master Plan
The Financial Express

Greenzo Energy secures ₹320 crore order from Oswal Energies for green hydrogen project
Greenzo Energy India Ltd. has secured an order worth ₹320 crore from Oswal Energies Ltd. for supplying electrolysers and Balance of Plant (BoP) equipment for a 20 MW green hydrogen facility, the company said in a statement.

Adani Power eyes 12,520 MW organic capacity expansion by FY30
Adani Power is targeting organic capacity addition of 12,520 MW by March 2030 with investments of Rs 120,000 crore. It includes 11,200 MW capacity seven ultra super-critical projects of 2×800 MW each and 1,320 MW (2×660 MW) super-critical project.